Eleven S10 - Jan-Mar 2016
The 10th Season of Eleven
About Eleven S10 - Jan-Mar 2016
Eleven is a EUR 12 million accelerator and seed fund, which has already invested in 107 companies and boasts close to 300 alumni from 20 countries.
In its 10th season Eleven will invest in 10-15 teams for a 3 month intensive program with significant support from its partners' network including GAN, MS, Google, TechStars London, over 300 mentors and more. Teams are expected to join Eleven's co-working space (the "Roof") in Sofia for the duration of the acceleration phase.
After the initial investment of EUR 25k in exchange for 8% equity stake, all team will be eligible for up to EUR 75k more as a convertible loan, depending on their needs and potential. Eleven may invest further up to an aggregate of EUR 200k in seed funding. Sofia, London and Silicon Valley trips and Investor Days will be organized at different stages and depending on the maturity of the projects.
Funds up to €100K
Funds40 startupsper year
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